RBC Boosts EPR Properties Price Target to $64.00

Royal Bank of Canada (RBC) has increased its price target for EPR Properties (NYSE:EPR) from $61.00 to $64.00 in a research report issued on Friday. This means that RBC believes EPR Properties' stock could potentially rise by 3.01% from its previous close.

The brokerage firm currently has a 'sector perform' rating on the real estate investment trust's stock, indicating a neutral stance. Other brokerages have also commented on EPR Properties, with Stifel Nicolaus upping its target price to $70.50 and giving the company a 'buy' rating.

EPR Properties reported quarterly earnings results of $0.79 per share, beating analysts' estimates of $0.74. The company's revenue for the quarter was $196.08 million, a 30.4% increase from the same period last year.